Ascendis Pharma As Stock Price on October 8, 2024

ASND Stock  USD 129.90  3.24  2.56%   
If you're considering investing in Ascendis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ascendis Pharma stands at 129.90, as last reported on the 21st of October, with the highest price reaching 131.89 and the lowest price hitting 126.59 during the day. Ascendis Pharma AS secures Sharpe Ratio (or Efficiency) of -4.0E-4, which signifies that the company had a -4.0E-4% return per unit of standard deviation over the last 3 months. Ascendis Pharma AS exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ascendis Pharma's mean deviation of 1.98, and Risk Adjusted Performance of 0.0074 to double-check the risk estimate we provide.
  
Ascendis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -4.0E-4

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsASND

Estimated Market Risk

 3.42
  actual daily
30
70% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ascendis Pharma is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ascendis Pharma by adding Ascendis Pharma to a well-diversified portfolio.

Ascendis Pharma Valuation on October 8, 2024

It is possible to determine the worth of Ascendis Pharma on a given historical date. On October 8, 2024 Ascendis was worth 138.95 at the beginning of the trading date compared to the closed value of 132.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ascendis Pharma stock. Still, in general, we apply an absolute valuation method to find Ascendis Pharma's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ascendis Pharma where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ascendis Pharma's related companies.
 Open High Low Close Volume
  141.07    142.07    139.00    139.14    222,996  
10/08/2024
  138.95    143.53    131.73    132.05    976,951  
  132.00    132.00    127.11    129.30    559,821  
Backtest Ascendis Pharma  |  Ascendis Pharma History  |  Ascendis Pharma Valuation   PreviousNext  
Open Value
138.95
128.68
Downside
132.05
Closing Value
149.22
Upside

Ascendis Pharma Trading Date Momentum on October 8, 2024

On October 09 2024 Ascendis Pharma AS was traded for  129.30  at the closing time. The top price for the day was 132.00  and the lowest listed price was  127.11 . The trading volume for the day was 559.8 K. The trading history from October 9, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.08% . The overall trading delta against the current closing price is 3.29% .

Ascendis Pharma AS Fundamentals Correlations and Trends

By evaluating Ascendis Pharma's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ascendis Pharma's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ascendis financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ascendis Pharma Stock history

Ascendis Pharma investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ascendis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ascendis Pharma AS will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ascendis Pharma stock prices may prove useful in developing a viable investing in Ascendis Pharma
Ascendis Pharma AS, a biopharmaceutical company, focuses on developing therapeutics for unmet medical needs. The company was incorporated in 2006 and is headquartered in Hellerup, Denmark. Ascendis Pharma is traded on NASDAQ Exchange in the United States.

Ascendis Pharma Stock Technical Analysis

Ascendis Pharma technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Ascendis Pharma technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ascendis Pharma trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ascendis Pharma Period Price Range

Low
October 21, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ascendis Pharma AS cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Ascendis Pharma October 21, 2024 Market Strength

Market strength indicators help investors to evaluate how Ascendis Pharma stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ascendis Pharma shares will generate the highest return on investment. By undertsting and applying Ascendis Pharma stock market strength indicators, traders can identify Ascendis Pharma AS entry and exit signals to maximize returns

Ascendis Pharma Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ascendis Pharma's price direction in advance. Along with the technical and fundamental analysis of Ascendis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ascendis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Ascendis Stock analysis

When running Ascendis Pharma's price analysis, check to measure Ascendis Pharma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ascendis Pharma is operating at the current time. Most of Ascendis Pharma's value examination focuses on studying past and present price action to predict the probability of Ascendis Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ascendis Pharma's price. Additionally, you may evaluate how the addition of Ascendis Pharma to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments